ADC vs PLD: Which Is the Better Dividend Stock?
As of Nov 9, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ADC offers the higher yield at 4.65%, PLD has the higher dividend-safety score, and ADC looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: ADC vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Agree Realty Corporation (ADC) has the higher forward dividend yield at 4.65%, versus 3.37% for Prologis, Inc. (PLD).
- As of Nov 9, 2026, SmarterDividends grades ADC's dividend safety B (76/100) and PLD's B (78/100).
- By SmarterDividends' count as of Nov 9, 2026, ADC has raised its dividend for 4 consecutive years and PLD for 12.
- As of Nov 9, 2026, ADC pays out 164% of its earnings as dividends and PLD pays out 93%.
- As of Nov 9, 2026, ADC's fair-value estimate is 16% below its share price and PLD's fair-value estimate is 64% below its share price, so ADC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ADC vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/adc-vs-pld
| Metric | ADC | PLD |
|---|---|---|
| Forward yield | 4.65% | 3.37% |
| Annual dividend | $3.25 | $4.28 |
| Payout ratio | 164% | 93% |
| Years of growth | 4 yr | 12 yr |
| 5-yr dividend growth | -15.6% | 11.7% |
| 5-yr total return | 3% | -16% |
| Dividend safety score | 76 (B) | 78 (B) |
| Fair value estimate | $58.86 | $46.30 |
| Upside to fair value | -16% | -64% |
| Frequency | monthly | quarterly |
| Market cap | $9.1B | $123.4B |
| P/E ratio | 36.0 | 28.0 |
Higher yield
ADC
4.65%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
ADC
-16% upside
ADC vs PLD — FAQ
Is ADC or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (5 vs 3). ADC offers the higher yield (4.65%), while PLD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ADC or PLD?
ADC has the higher forward dividend yield at 4.65%, versus 3.37% for PLD.
Is ADC or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.
Is ADC or PLD better value right now?
As of Nov 9, 2026, ADC looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For PLD, its fair-value estimate is 64% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.